Bitcoin broke out of consolidation and soared to a new all-time high of almost $119,000, with its market cap reaching $2.340 trillion.
Many altcoins surged significantly this week, with notable gains seen in ETH (17%), XRP (20%), ADA (30%), XLM (39%), and others.
Despite Trump announcing tariffs against several countries, the crypto market witnessed impressive price increases, with HYPE hitting a new all-time high of over $46.
Noteworthy events included Ripple partnering with BNY Mellon for the custody of RLUSD, BNB completing its 32nd quarterly burn, and BlackRock's Ethereum ETF seeing a $300 million record inflow day.